NOT LISTED FOR SALE

Estimated Value: $6,785,000 - $8,549,000

4 Beds
5 Baths
3,150 Sq Ft
$2,429/Sq Ft Est. Value

Last Sold December 07, 2023

Last sale price $6,400,000 $2,032 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $47,007/month

89 Days on Market

Highlights

  • Water Views
  • Roof Top Spa
  • Rooftop Deck
  • Newport Elementary School Rated A
  • New Construction
  • 3-minute walk to 38th Street Park

About This Home

As of December 2023

Introducing 407 39th Street, a coastal contemporary masterpiece in the coveted community of Newport Island. Designed by architect William Guidero, w/ interior design by Jodi Fleming, & expertly constructed by Clayton Builders, this newly built 4 bed, 5 bath home spans 3,150 sqft and enjoys modern aesthetics, timeless materials and an open floorplan encompassing multiple dining & entertaining spaces. Masterfully designed to elevate the cooking experience, the designer kitchen is well-appointed w/ a Neolith island, concrete backsplash, and Fisher Paykel appliances. A pocket door erases the boundaries between interior & exterior spaces, providing a seamless flow to a spacious outdoor dining terrace with fire pit, BBQ, and views of Newport Island Park & the channel beyond.

A stunning floating staircase ascends to all three levels. On the 2nd level, the luxe primary suite w/ adjoining spa-inspired bath, enjoys captivating park & water views. Adjacent to the primary suite is a spacious secondary family/media room. Just beyond, two stylish en suite bedrooms provide ample space and comfort for family and guests. A well-outfitted laundry room completes the 2nd-floor accommodations.

Located on the 3rd level is the loft-style fourth bedroom. With direct elevator access and its own full bath, this room has the versatility to serve multiple uses. The front-facing rooftop deck enjoys a fireplace, TV, built-in barbecue and serene channel & city light views. The back deck offers a 6-person jacuzzi, covered lounge area, and open space for sunbathing.

Behind the scenes, the home incorporates the latest smart home technology with battery-stored solar power, Control4 system, whole-home water filtration, Lutron lighting, video surveillance, and speakers throughout. Additional amenities include an elevator to all 3 floors, outdoor hot water shower, mudroom, 2-car garage, second laundry area, & additional off-street parking.

Newport Island enjoys an exceptionally unique location in which residents can walk to the beach for sun and surf. With its waterfront park, playground, bay beach, grill area, basketball court, and year-round neighborhood activities, it is truly a one-of-a-kind living experience. Newport Island also enjoys close proximity to some of the city’s best shops & eateries. Stroll to Lido for a leisurely dinner. Walk, bike, or golf-cart to nearby parks & attractions, including the Newport & Balboa Piers, Marina Park & the iconic Balboa Fun Zone.

Last Agent to Sell the Property

Jennifer Stock

Compass License #01427320 Listed on: 06/22/2023

Compass

Co-Listed By

Brad Hinman

Compass License #01186277

Compass

Last Buyer's Agent

Brad Hinman

Compass License #01186277

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $67,735

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 2,850 Sq Ft Lot
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Off-Street Parking

Property Views

  • Water
  • City Lights

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 3,150 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Open Floorplan
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room Off Kitchen
  • Bonus Room
  • Home Security System

Kitchen

  • Open to Family Room
  • Walk-In Pantry
  • Built-In Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Multiple Shower Heads
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Roof Top Spa
  • Rooftop Deck
  • Fireplace in Patio
  • Patio
  • Terrace
  • Fire Pit

Schools

  • Newport Elementary School
  • Ensign Middle School
  • Newport Harbor High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Water Purifier

Listing and Financial Details

  • Legal Lot and Block 10 / 439
  • Tax Tract Number 164
  • Assessor Parcel Number 42307109
  • $369 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • Built by Clayton Builders
  • Newport Island Subdivision

Recreation

  • Park
  • Water Sports

Home Details

Home Type

Single Family

Est. Annual Taxes

$67,735

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Spa
  • Other Phone Description: 949-246-3221
  • Property Attached: No
  • Security: Security System
  • Subdivision Name Other: Newport Island (NEWI)
  • View: Yes
  • Architectural Style: Contemporary
  • New Construction: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 42307109
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: Yes
  • Living Area: 3150.00 Square Feet
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Elevator, High Ceilings, Open Floorplan, Pantry
  • Stories: 3
  • Entry Location: Side
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 5
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Patio, Gas, Fire Pit, Great Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2031.75
  • Room Type: Bonus Room, Primary Suite, Walk-In Closet, Walk-In Pantry
  • Spa Features: Roof Top
  • Bathroom Features: Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Main Floor Full Bath, Soaking Tub, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Kitchen Open To Family Room, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Water
  • Builder Name: Clayton Builders
  • Patio And Porch Features: Roof Top, Terrace
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Concrete, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Off Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Tankless Water Heater, Water Purifier
  • Heating Type: Central
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Watersports

Schools

  • School District: Newport Mesa Unified
  • Elementary School: Newport
  • Middle School: Ensign
  • High School: Newport Harbor
  • Elementary School: Newport
  • High School: Newport Harbor
  • Middle Or Junior School: Ensign
  • Elementary School #2: NEWPOR
  • High School2: NEWHAR

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 2850.00
  • Lot Size Acres: 0.0654

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2850.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 439
  • Tax Census Tract: 635.00
  • Tax Lot: 10
  • Tax Tract Number: 164
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2023
Sold by
Markos Family Charitable Trust
Bought by
High Noon Dairy Llc
Current Estimated Value
$7,650,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2023
Sold by
Markos Family Living Trust
Bought by
Markos Family Charitable Trust

Purchase Details

Closed on
Oct 9, 2017
Sold by
Markos Mark S and Markos Melissa
Bought by
Markos Mark S and Markos Melissa N

Purchase Details

Closed on
Oct 6, 2009
Sold by
Carlin Steve and Carlin Gloria
Bought by
Markos Mark S and Markos Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 18, 2006
Sold by
Carlin Steve and Carlin Gloria
Bought by
Carlin Steve and Carlin Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2005
Sold by
The Louetta E Zick Family Trust Of 1992
Bought by
Carlin Steve and Carlin Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2004
Sold by
The Loueta E Zick Family Trust Of 1992
Bought by
Zick Louetta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
5.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 11, 2004
Sold by
Zick Louetta
Bought by
The Louetta E Zick Family Trust and Zick Louetta

Purchase Details

Closed on
Mar 27, 2003
Sold by
Zick Louetta
Bought by
Carlin Steven and Carlin Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
High Noon Dairy Llc $6,400,000 Lawyers Title Company
Markos Family Charitable Trust -- None Listed On Document
Markos Mark S -- None Available
Markos Mark S $705,000 Western Resources Title
Carlin Steve -- California Title Company
Carlin Steve -- California Title Company
Zick Louetta E -- California Title Company
Zick Louetta E -- California Title Company
The Louetta E Zick Family Trust -- --
Carlin Steven -- Southland Title Corporation
Zick Louetta $655,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner High Noon Dairy Llc $4,500,000
Previous Owner Markos Mark S $889,400
Previous Owner Markos Mark S $285,000
Previous Owner Markos Mark S $225,000
Previous Owner Markos Mark S $410,000
Previous Owner Markos Mark S $417,000
Previous Owner Markos Mark S $460,000
Previous Owner Markos Mark S $460,000
Previous Owner Carlin Steve $900,000
Previous Owner Carlin Steve $75,000
Previous Owner Carlin Steve $100,000
Previous Owner Carlin Steve $715,000
Previous Owner Zick Louetta E $100,000
Previous Owner Zick Louetta E $595,000
Previous Owner Zick Louetta $524,000
Closed Zick Louetta $65,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2023 12/07/23 Sold $6,400,000 -8.6% $2,032 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
08/21/2023 08/21/23 Price Changed $6,999,000 -4.1% $2,222 / Sq Ft
06/22/2023 06/22/23 For Sale $7,299,000 -- $2,317 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $67,735 $6,528,000 $5,254,625 $1,273,375
2024 $67,735 $6,400,000 $5,151,593 $1,248,407
2023 $20,425 $1,912,170 $841,557 $1,070,613
2022 $20,086 $1,874,677 $825,056 $1,049,621
2021 $13,714 $1,268,867 $808,879 $459,988
2020 $9,121 $832,104 $800,585 $31,519
2019 $8,937 $815,789 $784,888 $30,901
2018 $8,761 $799,794 $769,498 $30,296
2017 $8,607 $784,112 $754,410 $29,702
2016 $8,416 $768,738 $739,618 $29,120
2015 $8,335 $757,191 $728,508 $28,683
2014 $8,139 $742,359 $714,237 $28,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP23103227

California Regional Multiple Listing Service (CRMLS)

APN: 423-071-09